Global Biomaterials Market Extensive Demand and New Developments in Upcoming years
Biomaterials
Market by Type of Materials (Metallic, Ceramic, Polymers, Natural),
Application (Cardiovascular, Orthopedic, Dental, Plastic Surgery, Wound
Healing, Neurological disorders, Tissue Engineering, Ophthalmology) - Global
Forecast to 2025", published by MarketsandMarkets™, the global
Biomaterials Market is projected to reach USD 47.5 billion by 2025 from USD
35.5 billion in 2020, at a CAGR of 6.0% during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=393
Browse in-depth TOC on "Biomaterials Market"
333 – Tables
47 – Figures
298 – Pages
The growth of this market is mainly driven by increasing
funding and subsidies from government agencies and universities for the
development of new biomaterials, increasing demand for implantable devices,
plastic surgery and wound healing applications, and demand for biomaterials in
cardiovascular disease and cardiovascular disease. driven by an increase. This
is due to the increased incidence. ever-increasing increase. Awareness and
research on regenerative medicine.
The metallic biomaterials segment accounted for the
largest share of the type segment in the market
On the basis type of materials, the biomaterials market is
broadly segmented into Metallic, Polymeric, Ceramic, and Natural biomaterials.
Metallic biomaterials accounted for the largest share of the market.
The cardiovascular application segment accounted for the
largest share of the application segment in the market
Based on application, the biomaterials market is categorized
into seven segments— cardiovascular, orthopedic, ophthalmology,
neurological/central nervous system (CNS), dental, tissue engineering, wound
healing, plastic surgery, and other applications. The cardiovascular
application segment accounted for the s=largest share of the market.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=393
The Asia Pacific region is the fastest-growing region of
the biomaterials market
Asia Pacific region accounted for the fastest-growing region
of the market. It is also estimated to grow at the highest CAGR in the metallic
biomaterials market during the forecast period, this is mainly due to Japan's
growing healthcare industry, increasing geriatric population, rising number of
cosmetic and plastic surgeries in India, lucrative medical devices industry,
and favorable tax policies in China.
Key
Market Players
Some of the prominent players in the biomaterials market are
BASF SE (Germany), Covestro AG (Germany), Celanese Corporation (US), Corbion
(Netherlands), Royal DSM (Netherlands), Evonik Industries (Germany), Carpenter
Technology Corporation (US), Berkeley Advanced Biomaterials (US), Cam
Bioceramics B.V. (Netherlands), CoorsTek Inc. (US), CeramTec (Germany), and
GELITA AG (Germany).
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=393
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on
30,000 high growth niche opportunities/threats which will impact 70% to 80% of
worldwide companies' revenues. Currently servicing 7500 customers worldwide
including 80% of global Fortune 1000 companies as clients. Almost 75,000 top
officers across eight industries worldwide approach MarketsandMarkets™ for
their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are
tracking global high growth markets following the "Growth Engagement Model
– GEM". The GEM aims at proactive collaboration with the clients to
identify new opportunities, identify most important customers, write
"Attack, avoid and defend" strategies, identify sources of
incremental revenues for both the company and its competitors.
MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top
players across leaders, emerging companies, innovators, strategic players)
annually in high growth emerging segments. MarketsandMarkets™ is determined to
benefit more than 10,000 companies this year for their revenue planning and
help them take their innovations/disruptions early to the market by providing them
research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.